It isn’t necessarily a problem that the US spends more on health care than other nations. But it is a big problem on how much of that spending amounts to waste.
According to the renowned RAND Health Insurance Experiment, a lot of that waste is a result from health plans that include little to no cost-sharing. This is why the Leftist “Medicare For All” agenda endorsed by Senator Bernie Sanders & Co. won’t bring substantial value to consumers. Chris Conover of Forbes explains:
